★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

Nestle S.A. vs PepsiCo, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Nestle S.A.

NESN · SIX Swiss Exchange

Market cap (USD)$252.7B
Gross margin (TTM)46.3%
Operating margin (TTM)15.7%
Net margin (TTM)11%
SectorConsumer
IndustryPackaged Foods
CountryCH
Data as of2026-06-03
Moat score
57/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Nestle S.A.'s moat claims, evidence, and risks.

View NESN analysis

PepsiCo, Inc.

PEP · Nasdaq Global Select Market

Market cap (USD)$194.1B
Gross margin (TTM)54.1%
Operating margin (TTM)14.8%
Net margin (TTM)9.2%
SectorConsumer
IndustryBeverages - Non-Alcoholic
CountryUS
Data as of2026-06-03
Moat score
77/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into PepsiCo, Inc.'s moat claims, evidence, and risks.

View PEP analysis

Comparison highlights

  • Moat score gap: PepsiCo, Inc. leads (77 / 100 vs 57 / 100 for Nestle S.A.).
  • Segment focus: Nestle S.A. has 7 segments (28.1% in Powdered and Liquid Beverages); PepsiCo, Inc. has 6 segments (30% in PepsiCo Beverages North America (PBNA)).
  • Moat breadth: Nestle S.A. has 6 moat types across 3 domains; PepsiCo, Inc. has 4 across 2.

Primary market context

Nestle S.A.

Powdered and Liquid Beverages

Market

Packaged coffee (instant, roast and ground, portioned) and other powdered beverages (cocoa/malt, creamers)

Geography

Global

Customer

Consumers (end-users) via retail and e-commerce; plus out-of-home channels

Role

Branded manufacturer and marketer; system operator for portioned coffee (machines + capsules)

Revenue share

28.1%

PepsiCo, Inc.

PepsiCo Beverages North America (PBNA)

Market

Non-alcoholic ready-to-drink beverages (CSD, sports drinks, water, energy and adjacent)

Geography

United States and Canada

Customer

Retailers, foodservice, convenience, distributors

Role

Brand owner + bottling/manufacturing + distribution

Revenue share

30%

Side-by-side metrics

Nestle S.A.
PepsiCo, Inc.
Ticker / Exchange
NESN - SIX Swiss Exchange
PEP - Nasdaq Global Select Market
Market cap (USD)
$252.7B
$194.1B
Gross margin (TTM)
46.3%
54.1%
Operating margin (TTM)
15.7%
14.8%
Net margin (TTM)
11%
9.2%
Sector
Consumer
Consumer
Industry
Packaged Foods
Beverages - Non-Alcoholic
HQ country
CH
US
Primary segment
Powdered and Liquid Beverages
PepsiCo Beverages North America (PBNA)
Market structure
Oligopoly
Oligopoly
Market share
25% (reported)
61%-66% (estimated)
HHI estimate
n/a
4,290
Pricing power
Moderate
Moderate
Moat score
57 / 100
77 / 100
Moat domains
Demand, Supply, Legal
Supply, Demand
Last update
2026-06-03
2026-06-03

Moat coverage

Shared moat types

Brand TrustDistribution Control

Nestle S.A. strengths

Preferential Input AccessInstalled Base ConsumablesLearning Curve YieldCompliance Advantage

PepsiCo, Inc. strengths

Scale Economies Unit CostScope Economies

Segment mix

Nestle S.A. segments

Full profile >

Powdered and Liquid Beverages

Oligopoly

28.1%

PetCare

Oligopoly

20.6%

Nutrition and Health Science

Oligopoly

16%

Prepared dishes and cooking aids

Competitive

11.3%

Milk products and Ice cream

Competitive

10.8%

Confectionery

Oligopoly

9.7%

Water

Competitive

3.5%

PepsiCo, Inc. segments

Full profile >

PepsiCo Foods North America (PFNA)

Oligopoly

29.3%

PepsiCo Beverages North America (PBNA)

Oligopoly

30%

International Beverages Franchise (IB Franchise)

Oligopoly

5.3%

Latin America Foods (LatAm Foods)

Oligopoly

11.2%

Europe, Middle East and Africa (EMEA)

Oligopoly

19.2%

Asia Pacific Foods

Competitive

4.9%

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.